Most of the Gulf stock markets rose in the trading session, Thursday, driven by relative stability in oil prices; The continued rise in global bond yields has fueled fears of a recession.
The Abu Dhabi market index rose 0.44% to 9,782.25 points, amid transactions of 7.03 billion dirhams, while the Dubai Financial Market index fell 0.79% to 3,316.58 points, amid transactions of 869.12 million dirhams.
The Saudi index continued to rise by 1.97% to 11390.5 points, amid trading of 5.9 billion riyals.
The Kuwait Stock Exchange announced the parliamentary elections scheduled for Thursday.
